Investing.com – Shares in Ford Motor Company (NYSE:F) traded up around 1% in pre-market trade on Thursday after reporting third quarter earnings that beat consensus.
The automaker reported that adjusted earnings per share (EPS) came in at $0.43 in the three months ended September 30, up from $0.26 in the same period last year and above expectations for earnings of $0.32 a share.
Meanwhile, the company’s revenue unexpectedly rose to $36.45 billion from $33.3 billion a year earlier. Consensus expected sales to drop to $32.74 billion.
Traders will now turn their attention to the firm’s conference call due to start at 9:00AM ET (13:00GMT).
Following the release of the report, shares in Ford rose $0.14, or 1.16%, in pre-market trade to $12.18, from Wednesday’s closing price of $12.04.
Meanwhile, U.S. equity markets pointed to a flat to higher open. The blue-chip Dow futures advanced 24 points, or 0.10%, by 7:08AM ET (11:08GMT), the S&P 500 futures edged forward 2 points, or 0.07%, while the tech-heavy Nasdaq 100 futures inched up 5 points, or 0.09%.